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Founder unveils Spirit of Satoshi, an AI focus on Bitcoin & Austrian economics

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The internet has revolutionized access to information, breaking down barriers and enabling global connectivity. While it does have some limitations, such as paid content walls, its impact on our world is undeniable. In a similar vein, Bitcoin has transformed the finance industry, creating a multi-trillion-dollar market.

The importance of both information and Bitcoin cannot be underestimated. Now, imagine a platform that curates and provides Bitcoin intelligence using artificial intelligence. This AI-driven approach could enhance the widespread adoption of Bitcoin and further educate the public, all without any paywalls. Thanks to the Spirit of Satoshi, this possibility has become a reality.

Aleksandar Svetski, founder of Spirit of Satoshi, presented the world’s first Bitcoin Artificial Intelligence (AI) at the Bitcoin 2023 conference in Miami. The AI, trained with a focus on Bitcoin and Austrian economics, aims to provide a fresh outlook on the world, question established wisdom, and uphold the fundamental principles of Bitcoin.

Aleksander addressed several misconceptions and concerns surrounding AI, emphasizing that despite their impressive capabilities, AI models like ChatGPT are devoid of sentience or genuine intelligence. Instead, these advanced AI systems function as sophisticated autocomplete tools.

In essence, they generate responses based on patterns and data, but they lack consciousness or independent thought. People need to understand that AI should not be mistaken for sentient beings; they are tools designed to assist and automate tasks, not independent entities with emotions or awareness.

One of the key points Aleksander discussed was the distinction between real risks and perceived risks when it comes to AI. He encouraged the audience to differentiate between actual dangers and those that are exaggerated or falsely attributed to AI.

Moreover, he emphasized the importance of not anthropomorphizing AI, which means not attributing human-like qualities or intentions to it. When AI provides responses, it’s crucial to remember that these are generated based on data and algorithms, not on personal intentions or emotions. This underscores the necessity for responsible and well-informed usage of AI, ensuring that users make rational judgments and decisions regarding its capabilities and limitations.

Why Spirit of Satoshi

Aleksander delved into the significance of language models in shaping people’s reality. He suggested that as language models like ChatGPT become the primary source of information, they could influence individuals’ perceptions and beliefs, ultimately affecting their understanding of the world.

He also introduced the concept of a “propaganda war” that may unfold in the coming years. He stressed the importance of offering an alternative perspective, including alternative money, education, and intelligence, in contrast to mainstream AI models that might shape the way people perceive the world.

“Spirit of Satoshi” is envisioned as a tool to represent this alternative perspective and preserve Bitcoin knowledge. Aleksander expressed his goal of reaching a billion people with this alternative opinion and promoting a different narrative through AI.

Additionally, he conducted a live demonstration of “Spirit of Satoshi” by asking the AI questions. The AI’s responses were both text-based and in a voice resembling a Japanese-accented American English, creating a unique and interactive experience for the audience.

While answering questions, “Spirit of Satoshi” provided insights into various topics, including Bitcoin ETF approval, Satoshi Nakamoto’s potential actions, and the concept of the second-best cryptocurrency. The AI responses offered a blend of knowledge, humor, and thought-provoking perspectives.

Read also; Nick Molnar discusses XMTP’s ease of Web3 communication and building a Bot Army

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